Smith Breeden Prize - Winners

Winners

Paper Author(s) Year Issue
"Original Issue High yield Bonds: Aging Analyses of Defaults, Exchanges, and Calls" Paul Asquith, David W. Mullins, Jr., and Eric D. Wolff 1989 September 1989
"Margin Regulation and Stock Market Volatility" David A. Hsieh and Merton H. Miller 1990 March 1990
"The Long-Run Performance of Initial Public Offerings" Jay R. Ritter 1991 March 1991
"The Cross-Section of Expected Stock Returns" Eugene F. Fama and Kenneth R. French 1992 June 1992
"An Empirical Analysis of Illegal Insider Trading Lisa K. Meulbroek 1993 December 1992
"The Benefits of Lending Relationships: Evidence from Small Business Data" Mitchell A. Petersen and Raghuram G. Rajan 1994 March 1994
"Why Do NASDAQ Market Makers Avoid Odd-Eighth Quotes?" William G. Christie and Paul Schultz 1995 December 1994
"On the Predictability of Stock Returns: An Asset-Allocation Perspective" Shmuel Kandel and Robert F. Stambaugh 1996 June 1996
"Evidence on the Characteristics of the Cross Sectional Variation in Stock Returns" Kent Daniel and Sheridan Titman 1997 March 1997
"How Costly is Financial (not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed" Gregor Andrade and Steven N. Kaplan 1998 October 1998
"Investor Psychology and Security Market Under - and Overreaction" Kent Daniel, David Hirshleifer, and Avanidhar Subrahmanyam 1999 December 1998
"Home Bias at Home: Local Equity Preference in Domestic Portfolios" Joshua D. Coval and Tobias J. Moskowitz 2000 December 1999
"Have Individual Stocks Become More Volatile: An Empirical Exploration of Idiosyncratic Risk" John Y. Campbell, Martin Lettau, and Burton G. Malkiel, and Yexiao Xu 2001 February 2001
"Limited Arbitrage in Equity Markets" Mark Mitchell, Todd Pulvino and Erik Stafford 2002 April 2002
"Stock Valuation and Learning about Profitability" Luboš Pástor and Pietro Veronesi 2003 October 2003
"Hedge Funds and the Technology Bubble" Markus K. Brunnermeier and Stefan Nagel 2004 October 2004
"Do Behavioral Biases Affect Prices?"
"The Value Premium"
Joshua D. Coval and Tyler Shumway
Lu Zhang
2005(tie) February 2005
February 2005
"The Price Impact and Survival of Irrational Traders" Leonid Kogan, Stephen A. Ross, Jiang Wang, and Mark M. Westerfield 2006 February 2006
"Giving Content to Investor Sentiment: The Role of Media in the Stock Market" Paul C. Tetlock 2007 June 2007
"Collective Risk Management in a Flight to Quality" Ricardo J. Caballero and Arvind Krishnamurthy 2008 October 2008
"Risk in Dynamic Arbitrage: The Price Effects of Convergence Trading" Péter Kondor 2009 April 2009
"Levered Returns" Joao F. Gomes and Lukas Schmid 2010 April 2010

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Famous quotes containing the word winners:

    The two real political parties in America are the Winners and the Losers. The people don’t acknowledge this. They claim membership in two imaginary parties, the Republicans and the Democrats, instead.
    Kurt Vonnegut, Jr. (b. 1922)